Lloyds Heat & Air Inc
How we got $190K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LLOYDS HEAT & AIR INC this business | $740K | — |
| Lloyd'sHeat and Air Inc Enid | $1.8M | 0.0 mi |
| ENID ELECTRIC LLC Enid · 18 employees | $3.9M | 1.5 mi |
| Hometown Plumbing Enid | $1.8M | 1.7 mi |
| Boehm Plumbing, Inc Enid | $1.8M | 1.7 mi |
| Faith Mechanical North Enid | $1.8M | 2.0 mi |
| SERVICE ELECTRIC OF ENID INC Enid · 2 employees | $584K | 2.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $517K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $814K |
| Estimate: the two combined (geometric mean) | $740K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $95K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $190K |
| Multiple for this size and industry | 2× |
| Value range | $100K – $260K |
| Revenue range | $487K – $844K |
| EBITDA range | $62K – $108K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingCowboy BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Cowboy Bank PPP 2020 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $24K | 2 |
About Lloyds Heat & Air Inc
Lloyds Heat & Air Inc is a plumbing, heating & air company in Enid, Oklahoma. Its estimated annual revenue is about $740K, with roughly $95K of EBITDA. It has about 2 employees. Its estimated business value is $190K (likely range $100K–$260K).
Common questions
- Who owns Lloyds Heat & Air Inc?
- The owner of Lloyds Heat & Air Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Lloyds Heat & Air Inc make?
- SeeBITDA estimates Lloyds Heat & Air Inc's annual revenue at about $740K (likely between $487K and $844K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lloyds Heat & Air Inc worth?
- About $190K, roughly 2× its estimated EBITDA of $95K, typical for a plumbing, heating & air company its size. Likely range: $100K–$260K.
- How many employees does Lloyds Heat & Air Inc have?
- About 2, as reported on its PPP loan.